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Blue and White Restaurant 41033 AL-77

2,754 SF 100% Leased Retail Building Ashland, AL 36251 £295,875 (£107/SF)

Investment Highlights

  • Established restaurant
  • Prime investment opportunity
  • Beloved Ashland landmark
  • Turn key business

Executive Summary

Here's your chance to own a piece of history! Blue and White, a beloved Ashland landmark since 1958, is now available for purchase. Known for its classic Southern comfort food and loyal customer base, this 2754 SF restaurant seats up to 48 guests and offers a welcoming atmosphere that both locals and travelers love. With a new roof (5 years old), updated wiring, and updated kitchen equipment, this well-maintained establishment is truly a turn-key business! Blue and White is not just a restaurant - it's a prime investment opportunity with a proven history of success in the heart of Ashland, AL. Plus, the current owners have plans drawn up for potential future expansion, giving you the chance to grow this thriving business. Don't miss this rare opportunity to own a part of the community's legacy and continue its tradition of great food and service.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes £466 £0.17
Operating Expenses - -
Total Expenses £466 £0.17

Financial Summary (Actual - 2023)

Taxes
Annual £466
Annual Per SF £0.17
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £466
Annual Per SF £0.17

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,754 SF
Building Class
C
Year Built
1956
Price
£295,875
Price Per SF
£107
Percent Leased
100%
Number of Floors
1
Building FAR
0.15
Land Acres
0.42 AC
Opportunity Zone
Yes
Zoning
commercial
Parking
18 Spaces
Frontage
135 ft on Alabama 77

Amenities

  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-04-19-1-000-088.000
Land Assessment
£1,637
Improvements Assessment
£9,733
Total Assessment
£11,370
Annual Taxes
£466 (£0.17/sf)
Tax Year
2023
  • Listing ID: 33789800

  • Date on Market: 07/11/2024

  • Last Updated:

  • Address: 41033 AL-77, Ashland, AL 36251

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